Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Algonquin Power & Utilities Corp has a consensus price target of $6.97 based on the ratings of 10 analysts. The high is $10.5 issued by Credit Suisse on May 30, 2023. The low is $5.75 issued by Scotiabank on August 13, 2024. The 3 most-recent analyst ratings were released by Janney Montgomery Scott, RBC Capital, and Scotiabank on September 5, 2024, August 13, 2024, and August 13, 2024, respectively. With an average price target of $5.92 between Janney Montgomery Scott, RBC Capital, and Scotiabank, there's an implied 7.58% upside for Algonquin Power & Utilities Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Algonquin Power (NYSE:AQN) was reported by Janney Montgomery Scott on September 5, 2024. The analyst firm set a price target for $6.00 expecting AQN to rise to within 12 months (a possible 9.09% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Algonquin Power (NYSE:AQN) was provided by Janney Montgomery Scott, and Algonquin Power initiated their neutral rating.
The last upgrade for Algonquin Power & Utilities Corp happened on January 8, 2024 when BMO Capital raised their price target to $7.5. BMO Capital previously had a market perform for Algonquin Power & Utilities Corp.
The last downgrade for Algonquin Power & Utilities Corp happened on August 12, 2024 when Wells Fargo changed their price target from $8.5 to $6 for Algonquin Power & Utilities Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Algonquin Power, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Algonquin Power was filed on September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.
While ratings are subjective and will change, the latest Algonquin Power (AQN) rating was a initiated with a price target of $0.00 to $6.00. The current price Algonquin Power (AQN) is trading at is $5.50, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.